Healthtech and edtech are two of the fastest growing sectors, with the healthtech market size to reach $3.1 billion by 2033, while the global education technology market size is projected to reach $348.41 billion by 2030.
Each week will do a roundup of the top news, fundings, and IPOs from these two sectors.
Top News
- Compass Education acquired Clipboard, an Australian extracurricular management system, which will combine Compass’s school management system with Clipboard’s specialised tools for extracurricular programs
- Sword Health, an AI Health company, acquired Kaia Health, a digital health company focused on musculoskeletal and pulmonary care, in a deal valued at $285 million. Following the acquisition, Sword Health will replace Kaia’s MSK solution in the U.S. market, and Kaia Health’s members will gain access to Sword Health’s expanded AI Care platform
AI News
- Qualified Health, an integrated generative AI into a healthcare platform that offers continuous monitoring of algorithm performance, partnered with the University of Texas System to deploy Qualified Health’s AI system, powered by Anthropic’s Claude AI models, across UT System’s health network in Texas to continuously analyze vast clinical datasets and surface gaps in guideline-recommended care
- Regional health insurer AmeriHealth and integrated health system Geisinger partnered with My Juno Health, a provider of AI-driven digital health solutions that monitor and manage patient wellness, to deploy advanced AI-powered health navigation tools
- Beacon Health System, a not-for-profit healthcare organization serving northern Indiana and southwest Michigan, partnered with Magical, an agentic AI platform that fully automates complex workflows in just one week, to evaluate and deploy agentic artificial intelligence across clinical operations, patient access and revenue cycle workflows
- AI medical assistant Tandem Health acquired Juvoly, an AI medical scribe
- Nokia, a provider of IP networking and AI-HPC data center fabric, and Hypertec, a provider of large-scale AI and HPC infrastructure, partnered to deploy Nibi, an advanced supercomputing cluster at the University of Waterloo, which is designed to expand Canada’s capacity to advance breakthrough research in health, climate science, engineering and AI
Big financings:
Healthtech:
- Gyde, which builds AI-native health insurance brokerage for insurance, health, and wealth solutions, raised $60 million in a round led by Lightspeed, with participation from Optum Ventures, Crystal Venture Partners, Virtue, MVP Ventures, and multiple endowment funds, among others
- Evaro, a startup that allows consumer brands to embed regulated NHS-backed healthcare services into their apps, raised $25 million in Series A funding led by AlbionVC, with participation from Simplyhealth Ventures, Exceptional Ventures, Cornerstone VC, and BBI
- Antheia, which uses synthetic biology to produce biosynthetic KSMs and APIs for essential medicines through engineered microbial fermentation, raised $24 million led by ATHOS KG and America’s Frontier Fund, with participation from several existing investors, including Global Health Investment Corporation
- Aviwell SAS, developer of natural biological solutions and computational tools that support animal health and growth in animal nutrition markets, raised an €11 million Series A investment round from Blue Revolution Fund, blast.club, and SWEN Capital Partners
Not so big financings:
Healthtech:
- 4baseCare, a provider of precision oncology solutions with advanced genomics to help cancer patients, raised about $9.8 million in a round co-led by Ashish Kacholia and Lashit Sanghvi, with continued participation from existing backer Yali Capital
- Primmune Therapeutics, a biotech company harnessing the power of the innate immune system, raised $8.6 million in a Series B financing round from Bioqube Ventures, Oberland Capital and Samsara Biocapital
- Elysium Therapeutics, a biopharmaceutical company developing treatments specifically designed to prevent and reverse overdoses caused by highly potent, synthetic opioids especially when ingested orally, raised a $7.5 million SAFE round
- Nivaan Care, a speciality pain management chain, raised $7 million in a Series A funding round led by Sorin Investments with participation from existing investors W Health Ventures, Endiya Partners and Rebright Partners
- MyARC, a provider of a platform that enables fitness creators to train their communities, raised $2 million in a round led by Araya Ventures, Morgan Stanley, Techstars and G Fund
- Oro, a social fintech platform helping employers offer homeownership and housing wellness as employee benefits, raised $3 million in funding led by Slauson & Co., with participation from Northwestern Mutual Future Ventures and Bronze Valley
Edtech:
- Nerd Apply, a privacy-first platform for outcome-driven college counseling, raised $3.2 million in seed funding from Riverpark Ventures, Alumni Ventures, 1.61 Ventures and a group of angel investors including Gokul Rajaram and David Krane
- Scholé AI, an AI-native learning platform provider built for the workforce, raised $3 million in a round led by ACE Ventures, with participation from The House Fund and FundF
Fund News
- German media conglomerate Bertelsmann launched a $200 million health tech venture fund to focus on the U.S. market
- Classera announced a strategic joint venture between its dedicated EdTech venture builder & accelerator, C.XSEED, and SuperCharger Ventures and Falak Business & Investment. The joint venture aims to act as a factory for Edtech Startups in emerging markets, accelerating the growth of Edtech companies globally particularly in emerging markets by connecting them with the latest expertise and supporting them across all dimensions of growth, including business model development, investment readiness and fundraising support, talent acquisition, and regional and global expansion
Policy and government
- Gavin Newsom said that California is joining the World Health Organization’s Global Outbreak Alert and Response Network, marking the state’s first formal partnership with the WHO’s international public health arm and the latest move by the governor to cast California as a counterweight to the Trump administration’s health policy agenda. The announcement follows the Trump administration’s withdrawal of the United States from WHO
- Iowa became the first state granted approval by the U.S. Department of Education for an education funding waiver aimed at “returning education to the states.” According to the U.S. Department of Education, Iowa was the first state to apply and receive this block grant, which will allow state education officials to have more control over their federal education dollars. Under the waiver, Iowa officials can consolidate multiple federal funding streams into a single state-level block grant and gain broader flexibility allowing states to pool their federal dollars toward priorities of their choosing
Random news
- Researchers led by a team at Chalmers University of Technology in Sweden identified biological markers that appear in the earliest stages of Parkinson’s disease, before major damage occurs in the brain. These early changes leave detectable traces in the blood, but only for a short time. The findings highlight a critical opportunity to both diagnose the disease earlier and explore treatments while the brain is still largely intact. The researchers believe blood tests based on this work could begin to be tested in healthcare settings within five years
